Charlotte, N.C.-based private equity firm Falfurrias Capital Partners has acquired a majority stake in Industry Dive, the seven-year-old B2B media company whose online verticals span 19 different sectors including banking, construction, retail and supply chain. Contacted via email, Industry Dive co-founder and CEO Sean Griffey said neither side is sharing the financial terms of the transaction, but that the company plans to use the influx of funding to expand into additional markets, both through new launches and acquisitions, and to invest in its journalism. With revenues have more than quadrupled since 2015 to $22 million as of last year, the company hired eight additional editors and reporters a month ago when it launched its 19th vertical, CFO Dive, bringing the total newsroom headcount to 72. "We were attracted to Falfurrias because they shared our vision for the future," Griffey tells Folio:. "From the very first meeting, they highlighted their belief in the importance of high-quality, independent journalism to grow media companies. That resonated with the team here. We've had opportunities in the past but never felt that we had a partner who so closely aligned with our vision and values before." As a result of the deal, Falfurrias will gain two seats on Industry Dive's board of directors, but the company will continue to be led by Griffey and his two co-founders, CTO Eli Dickinson and CRO Ryan Willumson. Industry Dive isn't sharing which markets, specifically, it... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-09-05 16:26:03 UTC ]
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Viking has signed a "fascinating" book from Chicago professor Howard Nusbaum, looking at what wisdom is and how we can be wiser. Continue reading at The Bookseller
[ The Bookseller | 2021-06-19 13:56:59 UTC ]
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Danielle Dreilinger reveals the field’s scientists and activists, as well as its regressive side. Continue reading at The Washington Post
[ The Washington Post | 2021-06-18 12:00:00 UTC ]
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The acquisition of Kanopy adds an extensive video catalog to the OverDrive platform, with some 30,000 films available to students and library users through the Kanopy platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-09 04:00:00 UTC ]
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Bertelsmann is expanding its footprint in Brazil’s fast-growing education market, buying a major stake in medical company Afya. Continue reading at The Bookseller
[ The Bookseller | 2021-06-08 11:31:52 UTC ]
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'The biggest threat to our industry post-Brexit,' says the Publishers Association, is an 'international copyright exhaustion framework.' The post UK Book Publishing Industry Raises Copyright Alarm: ‘Save Our Books’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-06-07 17:22:58 UTC ]
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Neither authors nor publishing houses have figured out how to turn the new president into a compelling villain. Continue reading at The Atlantic
[ The Atlantic | 2021-06-02 09:00:00 UTC ]
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St. Mark's Comics, the venerable East Village comics, graphic novel and pop culture retailer that closed in 2019 after 36 years, announced plans to reopen with a new store in Industry City in Brooklyn on July 30. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-01 04:00:00 UTC ]
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Mark Gordon's new production company's London wing has picked up the forthcoming HarperCollins UK release. The post Film Rights: London’s BKS Agency Has an Option for Stephen McGinty’s ‘The Dive’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-05-21 18:13:27 UTC ]
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Doubleday and Anchor Books have acquired North American rights for two new political thrillers by Georgia politician Stacey Abrams. Both of the new novels will feature Avery Keene, the star of Abrams's latest novel, 'While Justice Sleeps.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-20 04:00:00 UTC ]
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Cassava Republic is to publish Unbury Our Dead, a literary novel by Mukoma Wa Ngugi, described as "a love letter to beauty, music and the imagination". Continue reading at The Bookseller
[ The Bookseller | 2021-05-14 07:38:11 UTC ]
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Radish, a mobile reading app offering serialized bingeable genre fiction, has been acquired by Kakao Entertainment in a transaction valued at $440 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-11 04:00:00 UTC ]
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Online indie retailer Bookshop.org is calling for publishers and authors to link to independent bookshops and its own site for the duration of Independent Bookshop Week (IBW). Continue reading at The Bookseller
[ The Bookseller | 2021-05-10 23:36:00 UTC ]
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Bonnier Books UK has bought comedian Josh Widdicombe’s first book, billed as part-childhood memoir, part-comic history of 1990s television and culture. Continue reading at The Bookseller
[ The Bookseller | 2021-05-07 23:03:11 UTC ]
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MEP Capital has made an investment in RosettaBooks in a deal that gives MEP ownership of Rosetta's e-book catalog while leaving the operation of Rosetta unchanged. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-04 04:00:00 UTC ]
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Bloomsbury U.K. has acquired U.K. and North American rights to two book projects—a five volume fantasy series and a short story collection—from the celebrated comics writer and novelist Alan Moore. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-04 04:00:00 UTC ]
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Fourth Estate is releasing a “major” new title from Nigel Slater, A Cook's Book, this autumn. Continue reading at The Bookseller
[ The Bookseller | 2021-04-29 05:29:10 UTC ]
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HarperCollins Christian Publishing, already the nation’s largest religion publisher, has moved to broaden its stake in the church curriculum and Bible study market with a new imprint, HarperChristian Resources. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-28 04:00:00 UTC ]
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Higher sales of print and digital books and a decline in returns contributed to a solid net sales increase in the first two months of 2021 over the comparable period in 2020 for publishers that report to AAP. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-27 04:00:00 UTC ]
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Penguin Random House senior v-p Skip Dye said the move to unify the publisher's library sales and library marketing groups will foster "even more mutually advantageous and enjoyable relationships with our libraries and librarians nationwide." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-22 04:00:00 UTC ]
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Hachette Children’s Group has acquired If This Gets Out, a queer YA romance from new author duo Sophie Gonzales and Cale Dietrich. Continue reading at The Bookseller
[ The Bookseller | 2021-04-15 22:55:02 UTC ]
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